Fiduciam’s branch in Utrecht, the Netherlands, has become a known fixture in the Dutch lending landscape since its opening a year ago. As the high street banks continue to shrink their commercial loan books, Fiduciam offers a solution for many SME’s and entrepreneurs.
Fiduciam is a founding member of Stichting MKB Financiering (SMF), promoting better standards in the Dutch alternative lending market.
Fiduciam has set its objectives for 2019, planning to double its lending by originating £250million (€280million / $320million) in new loans in the course of the year. To achieve this growth, it will continue to grow its geographic coverage, introduce new loan products and make 25 hires.
At the same time the private banks, which would historically have provided such loans, have sharply reduced their cross-border loan products.
Lending to businesses can be rewarding. Fiduciam has been provided with a Christmas tree grown by the Irish farmer it lent money to earlier in the year. The Christmas tree, which is in pride of place in Fiduciam’s London office, was chopped down and flown back by Fiduciam’s own staff all recorded on video.
